Tag Archives: Brent Paine

The Man Who Got Americans to Eat Trash Fish Is Now a Billionaire

Chuck Bundrant was a college freshman with $80 in his pocket when he drove halfway across the country to Seattle to earn a few bucks fishing. The year was 1961. He hasn’t stopped fishing since. And today, Bundrant, the founder and majority owner of Trident Seafoods, is worth at least $1.1 billion, according to the Bloomberg Billionaires Index.,,, Chuck Bundrant’s story is the stuff of industry legend. “He knew nothing about fishing boats, or catching and processing crab and salmon,’’ son Joe said in a corporate video two years ago. “He’d only watched a movie with John Wayne in it called ‘North to Alaska.’ And he heard there was money to be made on the fishing grounds, thousands and thousands of miles from home.’’ After a few years, Bundrant was looking for a way to start a business in the industry. He met two other crab fishermen — Kaare Ness and Mike Jacobson — and in 1973 the three put their money together and built the Billikin, a 135-foot boat that changed the seafood industry, according to Trident’s corporate history. click here to read the story 19:06

Washington rep, trawlers scuttle rumors of Gulf legislation

A Washington congresswoman’s office and members of the North Pacific trawl industry deny rumors that they are collaborating on federal fishing legislation that would circumvent the North Pacific Fishery Management Council process. The North Pacific Fishery Management Council regulates federal fisheries from three to 200 miles off the Alaska coast. Currently, the council is considering a regulatory package of several options to implement a quota share system for Gulf of Alaska groundfish fisheries, one of the last remaining North Pacific fisheries without such a system. Word surfaced that a Washington legislator had crafted language at the behest of the trawl industry to implement a preferred industry alternative at the congressional level. Read the rest here 13:54